Zeloquest

Zeloquest is a recently established trading firm, registered in the United Kingdom on 16 October 2025, operating through the domain zeloquestfunds.com. The company's registered address is listed in Great Neck, New York, USA, indicating a cross-border operational presence. As a new entrant, the broker aims to attract traders with a tiered account structure, though detailed information on trading platforms, instruments, and execution policies remains unavailable from independent sources.

Our review finds that Zeloquest has not yet built a public track record, and independent verification of its services is limited. This lack of historical data makes it difficult to assess the firm's reliability or trading conditions comprehensively. Traders should approach such a nascent entity with appropriate caution.

Zeloquest does not hold any regulatory licences from recognised financial authorities, as per our records. The absence of regulation is a significant factor for traders to consider, as it means the broker is not subject to oversight by bodies such as the FCA (UK), CySEC, or ASIC. This lack of supervision carries inherent risks regarding the safety of client funds and the fairness of trading practices.

Without a regulatory framework, traders have no recourse to compensation schemes or dispute resolution mechanisms that regulated brokers provide. Our research indicates that unregulated brokers represent a higher risk category, and we strongly advise traders to verify any claims of regulation independently. The elevated scam risk score assigned to Zeloquest reflects this regulatory gap.

Zeloquest offers five distinct account tiers: BEGINNER, TEST, BASIC, STANDARD, and BUSINESS. The minimum deposits range from $100 for the BEGINNER account to $100,000 for the BUSINESS account, accommodating a wide spectrum of capital levels. Notably, the maximum leverage is not specified for any account type, leaving a critical aspect of trading conditions undefined.

The BASIC account requires a $3,000 deposit, the STANDARD $25,000, and the TEST $500. This structure suggests a focus on both retail and high-net-worth clients, but the lack of transparency on leverage and spreads makes it difficult to evaluate the cost of trading. Prospective clients should seek detailed terms directly from the broker before committing funds.

The registered address provided for Zeloquest is 11 Grace Avenue, Ste 108, Great Neck, New York, 11021, USA. This location is in a commercial district and does not necessarily imply a physical trading floor or customer service centre. The company's registration in the United Kingdom, combined with a US mailing address, may indicate a dispersed operational model.

However, the use of a US address without corresponding US regulatory registration raises questions about the broker's actual jurisdiction and the applicable legal protections. We recommend that traders confirm the legal entity behind the brand and the governing law for any contractual agreements.

FXCanary's scam risk score of 57/100 for Zeloquest is classified as Elevated, reflecting the combination of a recent establishment date, lack of regulation, and insufficient independent information. The broker does not publicly disclose trading platforms, instruments, or execution methods, which are essential for informed decision-making.

This broker may be unsuitable for risk-averse traders or those seeking a transparent, regulated environment. The high minimum deposits for standard and business accounts also imply a focus on experienced or high-volume traders, yet without regulatory oversight, the risk of misconduct is higher. We advise thorough due diligence and, if possible, avoiding unregulated brokers altogether.